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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (18328)11/10/1998 4:43:00 PM
From: Jenna  Read Replies (1) of 120523
 
By now you all see the strategy of selling BEFORE earnings (BKE,ANF,PSUN,IFCI).. having made between 10%-30% should really be enough for a 'pop' and that is what Market Gems is focussing on.. ONE pop. You can get more than one.. Once they reverse, I'm usually out especially if I've already got a profit accumulated from at least 3 days to 1 week. I had 2 pops on STRX already, but getting back in a second time or holding through the beginning of a trend reversal is your own decision and based on your DD.

One of my positions trades AMCC has made yet another gain and I'm considering closing this one as soon as the uptrend reverses. VRSN, one I've held a while was a 'closure' today as well as it started down from the morning and kept on going south. Another postion trade closed after profit taking and change of trend.
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